Mike Campbell
22 town home development
12 February 2015 | 0 replies
I have an opportunity to develop 22 town homes, Tiff district, the city might be to reimburse for infrastructure as well for court yard common area.I have attached the 22 unit layout plus foot print of the try plex, It will be controlled be a condominium association.I have being designing and managing projects for 10 yrs., if I can make this happen it will be my 1st solo act.I’m looking for down seizers or the 50k to 80k earnersIdeals on court yard design, thinking simple and able to have owners us some as gardens, or a small playground.
Alex Silang
How scary are balloon payments / short term debt?
21 April 2015 | 12 replies
The benefit with these types of loans is there usually is no pre-pay attached to the loan.
Edwin Solivan
Should I invest in tax liens? Is it really Real Estate best kept secret?
11 February 2018 | 16 replies
@Edwin Solivan I have attached a post that my JV partner in Ga post earlier on one of my foreclosed property.The original lien at 2012 was $4,700.
James Kandasamy
Do we return security Deposit when Tenant gets evicted ?
16 February 2015 | 7 replies
If not, I would deduct the deposit from the judgement and then decide whether or not it was worth it to go after them in small claims court for the balance.I've attached a couple of links.
Ben Bakhshi
Increasing occupancy in a vacant office complex
16 February 2015 | 9 replies
There is a shopping center with dining options across the street, but no cross walk attached to the sidewalk along the entire complex.
Jeremiah O'Neill
Electrical fuse box question and potential triggered work
28 March 2021 | 16 replies
Looking in the panel is better, just in-case copper was spliced onto the end of the wire run to attach the receptacle {rather than purchasing the more expensive receptacles designed for use with Al wiring.
Matt Galas
Homesearch Auction + City Liens
21 February 2015 | 2 replies
The auction will deliver a Special Warranty Deed and there are no documents attached/listed on the Documents tab of the auction.If I were to win the auction on Homesearch, is the seller going to pay those liens off as part of closing?
Jumaane Bey
What's my next step?
17 February 2015 | 2 replies
My personal projections for expenses is based on 900,000 units surveyed nationally/ for my market specifically (I can attach that report upon request for an investor), which puts our:Monthly CF = $101,463NOI = $1,505,352Cash on cash = 115.96%Cap rate = 30.11% 2% rule = 19.56% ($1200 x 163/ $1MM) I used a 5% vacancy rate (national average is 3.8% for vacancy), 5% contributed monthly to CapEx (even with a new construction), 5% yearly income/ expenses increase, and the yield of asking price to cash flow is just under 4%.The market itself has a median income of $70k.